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Stockholders' Equity (Tables)
3 Months Ended
Mar. 31, 2023
Equity [Abstract]  
Schedule of Changes in Outstanding Stock

The following table reflects the changes in our outstanding stock:

 

 

Class A

 

 

Class B-1

 

 

Class B-2

 

 

Class V

 

 

Class Z

 

 

Treasury

 

Balance at December 31, 2022

 

 

470,756,961

 

 

 

4,990,453

 

 

 

4,990,453

 

 

 

63,481,465

 

 

 

5,595,577

 

 

 

1,506,385

 

Conversion of noncontrolling interest

 

 

19,345,591

 

 

 

 

 

 

 

 

 

(19,345,591

)

 

 

 

 

 

 

Shares granted upon vesting

 

 

1,035,470

 

 

 

 

 

 

 

 

 

 

 

 

(398,496

)

 

 

 

Issuance for compensation to non-employees(1)

 

 

18,059

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Share repurchases

 

 

(1,148,435

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1,148,435

 

Balance at March 31, 2023

 

 

490,007,646

 

 

 

4,990,453

 

 

 

4,990,453

 

 

 

44,135,874

 

 

 

5,197,081

 

 

 

2,654,820

 

 

(1) Issued to certain members of the Board of Directors in lieu of cash retainer.

Schedule of Changes in Accumulated Other Comprehensive Income (Loss) by Component

Changes in accumulated other comprehensive income, net of noncontrolling interests, are as follows (in millions):

 

 

Foreign

 

 

 

 

 

 

 

 

 

 

 

Currency

 

 

Interest

 

 

 

 

 

 

 

Translation

 

 

Rate

 

 

 

 

 

 

 

Adjustments(1)

 

 

Swaps(2)

 

 

Total

 

Balance at December 31, 2022

 

$

 

(11

)

 

$

 

106

 

 

$

 

95

 

Other comprehensive (loss) income before reclassifications

 

 

 

3

 

 

 

 

(7

)

 

 

 

(4

)

Tax expense (benefit)

 

 

 

(1

)

 

 

 

7

 

 

 

 

6

 

Other comprehensive (loss) income before reclassifications, net of tax

 

 

 

2

 

 

 

 

 

 

 

 

2

 

Amounts reclassified from accumulated other comprehensive income

 

 

 

 

 

 

 

(16

)

 

 

 

(16

)

Tax expense

 

 

 

 

 

 

 

 

 

 

 

 

Amounts reclassified from accumulated other comprehensive income, net of tax

 

 

 

 

 

 

 

(16

)

 

 

 

(16

)

Net current period other comprehensive income, net of tax

 

 

 

2

 

 

 

 

(16

)

 

 

 

(14

)

Balance at March 31, 2023

 

$

 

(9

)

 

$

 

90

 

 

$

 

81

 

 

(1) Foreign currency translation adjustments did not include any losses related to intercompany loans that have been designated long-term investment nature.

(2) Reclassifications from this category are recorded in Interest expense. See Note 13 “Derivative Financial Instruments” for additional information.